Fri04282017

LAST_UPDATEFri, 28 Apr 2017 8am

Sri Lanka Confident Of Regaining Key EU Trade Concessions

COLOMBO -- Sri Lanka on Wednesday said it was confident of regaining key EU trade concessions known as the GSP plus despite concerns raised by a few members of the European Parliament, China's Xinhua news agency reported.

Read more: Sri Lanka Confident Of Regaining Key EU Trade Concessions

PCG To Grow Production Capacity By 49 Pct By 2020

KUALA LUMPUR -- Petronas Chemicals Group Bhd (PCG) expects to grow its production capacity by 49 per cent or an increase of 5.3 million tonnes of petrochemicals by 2020 from 10.8 million tonnes currently.

Read more: PCG To Grow Production Capacity By 49 Pct By 2020

EUMCCI Appoints Tan Sri Rebecca As New Chairperson

Tan Sri Rebecca Fatima Sta Maria.KUALA LUMPUR -- The EU-Malaysia Chamber of Commerce and Industry (EUMCCI) today announced the appointment of Tan Sri Rebecca Fatima Sta Maria as its new chairperson.

Read more: EUMCCI Appoints Tan Sri Rebecca As New Chairperson

Softwood Lumber Dispute Fires Up Trade Fight Between Canada, US

Pic: Reuters

OTTAWA: The United States and Canada faced off yesterday in a renewed battle over softwood lumber that threatened to spill over into multiple other sectors, though President Donald Trump said he did not fear a trade war.

Read more: Softwood Lumber Dispute Fires Up Trade Fight Between Canada, US

Yen On Defensive As Risk Sentiment Revives

Pic: Reuters

The yen edged lower on Wednesday, remaining under pressure as risk sentiment improved and safe haven demand eased, on relief over the first round of the French presidential election.

Read more: Yen On Defensive As Risk Sentiment Revives

Cashless Society Getting Closer, Survey Finds

Pic: ReutersLONDON: More than a third of Europeans and Americans would be happy to go without cash and rely on electronic forms of payment if they could, and at least 20 percent already pretty much do so, a study showed on Wednesday.

Read more: Cashless Society Getting Closer, Survey Finds

Asian Stocks Extend Gains On Bullish Wall Street, Euro Steady

Pic: Reuters

Asian stocks extended gains for a fifth straight day on Wednesday as Wall Street hit new peaks while the euro consolidated recent gains as immediate concerns of political uncertainty in the euro zone receded.

Read more: Asian Stocks Extend Gains On Bullish Wall Street, Euro Steady

Takaful Malaysia Q1 Pre-Tax Profit And Zakat Rises To RM72.57 Mln

KUALA LUMPUR -- Syarikat Takaful Malaysia Bhd (Takaful Malaysia) has posted a higher pre-tax profit and zakat of RM72.57 million for the first quarter ended March 31, 2017, up from RM58.17 million in the same period a year ago.

Read more: Takaful Malaysia Q1 Pre-Tax Profit And Zakat Rises To RM72.57 Mln

Agrobank Receives Recognition At Global Good Governance Awards 2017

KUALA LUMPUR - Agrobank has received another recognition at the Global Good Governance Awards (3G Awards) for the 3G Financial Services Award category.

Read more: Agrobank Receives Recognition At Global Good Governance Awards 2017

MITI Allocates RM4.85 Mln To PSDC To Boost E&E, Medical, Aerospace Skills

Datuk Seri Mustapa Mohamed.

GEORGE TOWN - The Ministry of International Trade and Industry (MITI), through the Malaysian Investment Development Authority, has allocated RM4.85 million to the Penang Skills Development Centre (PSDC) for the development of the electrical and electronics engineering (E&E), medical and aerospace ecosystem.

Read more: MITI Allocates RM4.85 Mln To PSDC To Boost E&E, Medical, Aerospace Skills